Some of the recent “hype” about how advances in technology are forging a “new economy” has evaporated. Interest in “dot.com” start-up companies in the US has waned with the decline in stock market valuations. Some of the more extravagant claims – in particular, that the “new...

Work by Aschauer (1989) triggered a debate in the United States on the role played by public capital in determining productivity and growth; more recently, infrastructure has become an issue in the Canadian public policy debate. This paper sheds some light on this debate by addressing three...

We apply econometric techniques to Canadian and U.S. industry data to ascertain whether information technology capital gives rise to externalities. The results based on standard panel data techniques are compared to those that accommodate heterogeneous and dynamic panel data. Much like the...

This major Handbook provides a comprehensive analysis of the development of corporate governance across a range of countries including Australia, Germany, India, Italy, Japan, Poland, Russia, South Africa, Spain, Turkey and the UK. Whilst the stage in the corporate governance life cycle may vary...

Data in the social, behavioural and health sciences frequently come from observational studies instead of controlled experiments. In addition to random errors, observational data typically contain additional sources of uncertainty such as missing values, unmeasured confounders and selection...

Cette etude examine la performance canadienne en terme de productivite au cours de la periode 1961 a 2004. Elle etudie la croissance de la productivite du travail et les sources de cette croissance en terme de productivite multifactorielle, de contribution de l'intensite du capital et...

Using industry-level data for 22 Canadian manufacturing industries, the authors examine the relationship between exchange rates and investment during the period 1981-97. Their empirical results show that the overall effect of exchange rates on total investment is statistically insignificant....

La croissance de la productivite aux Etats-Unis a fortement accelere durant la deuxieme moitie des annees 1990, reprise que les travaux publies ont relie a l'utilisation des technologies de l'information. Dans ce rapport, on contribue au debat sur cette question de deux facons. Premierement, a...